I am projecting 35m (at least) cash on hand at the end of the next quarter - with 9m debt interests paid down, but still at LYC's disposal.
In relation to your debt concerns, please read page 3 of the annual report. It is OBVIOUS to me that, as and if the LYC business is turning cash positive (like stated in the quarter today), creditors will not have any issues in extending debt repayments (again) .... I mean, they have done it so far, why wont do it in better times... it is in their interest.
Ann: Quarterly Activities Report, page-35
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Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13933 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 1389 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |